40 Edwards St, Fitchburg, MA 01420

$649,000
8
BD
3
BA
2,508
SqFt

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Listing courtesy of Listing Agent: Edward Perez from Listing Office: Edward Perez.

List Price
$649,000
Status
ACTIVE
Days on Market
155
Price Change
▼ $16,000 1792720925
MLS#
73528118
Subtype
Residential Income
Year Built
1905
Bedrooms
8
Bathrooms
3
Full Baths
3
Living Area
2,508
Lot Size
5,036
Acres
0.12

Property Description

FOR SALE | $649,000 | 3-Unit Multi-Family | 40 Edwards St, Fitchburg, three-family asset delivering $5,400 monthly — $64,800 annually — in gross rental income. Extensively capital-improved with new electrical service, sub-metered panels, full plumbing replacement, and updated unit-level electrical throughout. Two renovated units feature granite countertops, modern cabinetry, mini-split HVAC, updated flooring, and stainless steel appliances. Exterior freshly painted. Off-street parking. Owner-paid water. Strong in-place tenancy with immediate cash flow and value-add upside on the third unit. Ideal for the 1031 exchange buyer or portfolio investor seeking a low-maintenance, income-producing asset in a growing Central Massachusetts market. Images used are from before the rental agreements

Additional Information

Interior Features
Stone/Granite/Solid Counters, Upgraded Cabinets, Walk-In Closet(s), Bathroom With Tub & Shower, Smart Thermostat, Remodeled, Living Room, Kitchen, Laundry Room
Exterior Features
Balcony/Deck
Taxes
$5,472
Zoning
RC
Flooring
Tile, Vinyl, Stone/Ceramic Tile
Appliances
Range, Refrigerator
Heating
Forced Air, Heat Pump, Electric
Air Conditioning
Wall Unit(s), Heat Pump
Exterior Features
Post & Beam, Cement Board
Stories
3
Levels
3
Foundation
Stone, Granite
Parking Features
Paved Drive, Off Street, Assigned, Paved

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.